Daily Archives: January 25, 2012

Trading signals for Wednesday 25-01-2012

Posted on January 25, 2012 by GCI Financial

Forex, Commodities and Index signals for Wednesday 25-01-2012 11:00 GMT Continue reading →

Posted in Trading Signals | Leave a comment

USDJPY continued to march higher during the Asia session

Posted on January 25, 2012 by GCI Financial

USDJPY continued to march higher during the Asia session despite domestic Japanese exporters selling into the rally. The move got underway during the US session yesterday, likely in anticipation of a significantly less-dovish Fed. Data confirming that Japan’s trade balance slipped into deficit territory for 2011 for the first time since 1980 also probably supported the pair at the margin. Continue reading →

Posted in Market Snapshot | Leave a comment

Crude Oil: Crude oil trading lower as API records sharp rise in crude stockpiles

Posted on January 25, 2012 by GCI Financial

Oil prices declined 0.72% against the USD for the 24 hour period ending 23:00GMT, closing at 99.19, after a report showed a sharp rise in last week’s US crude inventories. Late yesterday, the American Petroleum Institute (API) reported that crude-oil … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Silver recovers losses in the Asian session

Posted on January 25, 2012 by GCI Financial

Silver prices declined 0.68% to USD 32.14 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 32.19, 0.15% higher from yesterday’s close. Silver is expected to find support at 31.88, and … Continue reading →

Posted in Silver | Leave a comment

Gold: Gold trading lower ahead of US Federal Reserve policy statement

Posted on January 25, 2012 by GCI Financial

Gold prices traded lower by 0.53% against the USD in the 24 hour period ending 23:00GMT, at 1667.45 per ounce, amid profit booking. In the Asian session, at GMT0400, Gold is trading at 1665.20, 0.08% lower from yesterday’s close, as … Continue reading →

Posted in Gold | Leave a comment

AUD/USD: Aussie trading higher this morning, Australian Q4 CPI unchanged

Posted on January 25, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.36% against the USD to close at 1.0486. In the Asian session, at GMT0400, the pair is trading at 1.0522, with the AUD trading 0.35% higher from yesterday’s close. This morning, … Continue reading →

Posted in AUD/USD | Leave a comment

USD/CAD: Canadian dollar continues its downward movement

Posted on January 25, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.10% against the CAD to close at 1.0092. Data released in Canada showed that the retail sales advanced 0.3% (MoM) to C$38.7 billion in November, in line with market expectations. In … Continue reading →

Posted in USD/CAD | Leave a comment

USD/CHF: Swissy showing convergence with its MA’s

Posted on January 25, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD traded flat against the CHF and closed at 0.9277. The Organization for Economic Co-operation and Development stated that Switzerland should maintain an expansionary monetary policy as inflationary pressures remain extremely low. In … Continue reading →

Posted in USD/CHF | Leave a comment

USD/JPY: Yen extends losses after Japan posts its first annual trade deficit in 31 years

Posted on January 25, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, JPY weakened 0.92% against the USD and closed at 77.69, after the Bank of Japan (BoJ) trimmed its economic growth forecasts through fiscal 2012, and keeping its interest-rate target unchanged. Bank of Japan … Continue reading →

Posted in USD/JPY | Leave a comment

GBP/USD: British Pound gained as UK budget deficit narrows, trading lower this morning

Posted on January 25, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.37% against the USD and closed at 1.5624, after reports showed that the government’s budget deficit narrowed. In the UK, the public sector net borrowing declined to £10.8 billion in December, … Continue reading →

Posted in GBP/USD | Leave a comment

EUR/USD: EUR advanced on positive EU PMI, trading lower on Greece debt deadlock

Posted on January 25, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.14% against the USD and closed at 1.3034, after the release of better than expected Euro-zone Purchasing Managers’ Index (PMI) data. In the Euro-zone, the manufacturing PMI rose to 48.7 in … Continue reading →

Posted in EUR/USD | Leave a comment